Amex · Cash Back
| Category | Rate | Notes |
|---|---|---|
| Groceries | 4x | 4% cash back |
| Gas | 4x | 4% cash back |
| Everything Else | 2x | 2% cash back |
10% on $2K/3mo = $200 max + $50 at month 13
The American Express SimplyCash Preferred Card has an annual fee of $120.
The American Express SimplyCash Preferred Card earns 4x on groceries, 4x on gas, and 2x on everything else. It is part of the Cash Back program.
The American Express SimplyCash Preferred Card is best for groceries, gas, cash back. It is a mid tier card on the Amex network. At $120/year, the value depends on how much you spend in its bonus categories.
No, the American Express SimplyCash Preferred Card earns Cash Back which does not transfer to Aeroplan.
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